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Monday, 21 July 2014

News! POSH semi-submersible barge sinks – three dead

A semi-submersible
barge owned
by PACC Offshore Services Holdings (POSH) near
Tanjung Pinggir, Batam sunk during a trial, causing the death of three crew
members on Friday, although the barge was only found on Saturday.

According to Jakara post, Indonesian Sea and Coast Guard Unit (KPLP) base
operations head Tanjung Uban Faisal told The Jakarta Post that the barge was
being tested at the Out Post Limit (OPL) between Indonesia and Singapore, and
there were three foreign sailors and six Indonesian crew members on board.

"We were testing the barge by
submerging part of the ship that needed to be repaired, located on top of the
vessel. The water was meant to be pumped out and the vessel would rise again.
However, the trial failed last night," Faisal said on Saturday.

Faisal
explained the KPLP had received a call for assistance at around 10 p.m. and had
succeeded in finding several of the crew on Saturday.

The six
Indonesian crew members were saved, even though it took the KPLP a while to
find one of the crew who was trapped in a room.

The
bodies of Ye Myint Myat, 33, from Myanmar; Zhejiang, 28, from China; and Chew
Zhi Terence, 34, from Singapore; were taken to BP Batam Hospital.

According
POSH’s website the 30,500 dwt semi-submersible barge was classed by ABS, and
according to Indonesian press reports built at Cosco Zhoushan Shipyard.

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This blog and its contents contain the opinions and views of me. It is not a recommendation to purchase or sell the stocks of any of the companies or investments herein discussed. If a reader requires expert financial advice, a competent professional should be consulted. I cannot guarantee the accuracy of the information contained herein the blog and its contents. Other than being the shareholders of some of the stocks discussed herein at the time of writing, I am not in any way related to the company mentioned within the blog. I specifically disclaim any responsibility for any liability, loss, or risk, professional or otherwise, which is incurred as a consequence, directly or indirectly, of the use and application of any contents of this blog.